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Bristol 02790
1056 Main Road
$325,000
● House - Off Market

1056 Main Road

Westport, MA 02790
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$405,728
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Location, Location - this property provides over two acres and is tucked away down a private driveway offering a peaceful setting. This two-bedroom ranch allows for one level living and an open floor plan concept, with first floor laundry area/mudroom, sun-drenched kitchen with sliders to a spacious deck to enjoy the seasonal landscape.  Property is centrally located on Main Road, close to all area amenities including ocean beaches, restaurants, marina, minutes to Central Village, Westport Vineyards and highway access.   Walk-up attic for storage or potential for expansion. Great location to call home or perfect for a summer getaway.   View and bring your ideas for either option to enjoy this coastal community.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
2.44 acres
Price per sqft
$380
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72919058)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Nov 17, 2021 Listed by Amaral & Associates RE $394,000
Listed by Amaral & Associates RE

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 110,038
  • Total Building Area: 1,036
  • Gross Building Area: 1,520
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002526
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646104

Zoning

  • Zoning: R1

Geography

  • Account Number: 4287
  • Parcel: WPOR M:55 L:6-8A
  • Lot: 6-8A
  • Municipality: WESTPORT
  • Latitude: 41.5669
  • Longitude: -71.0902

    Address

  • Full Address: 1056 Main Rd
  • Address - House Number: 1056
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R001
  • 4-Digit Zip Code: 4410
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $177,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 440,948
  • High Value: 526,672
  • Low Value: 355,223

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $229,500
  • Assessed Land Value: $229,500

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 7032
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2274 ft²

Average Home Age

70.8 years

Currently For Sale

1138 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72919058

Frequently Asked Questions

When was property at 1056 Main Road built and last sold?
The property at 1056 Main Road was built in 1966 and last sold on Mar 24, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 1056 Main Road is $389,891.
What are some comparable homes to 1056 Main Road?
There are currently no comparable homes to 1056 Main Road.
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